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    1011 Gulf Boulevard

    Indian Rocks Beach, FL 33785
    • $1,250,000
    • STATUS: Active
    • ON SITE: 23 days
    • MLS #: U8095981
    UPDATED: 18 min ago
    $1,250,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,419
      SQFT
    • $517
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Indian Rocks Beach Fl. Nicely updated Key West style 6 unit apartment building on Gulf Blvd. Beach access right across the street. The ' Sun and Sand ' Building consists of Two Studios Apts ( #1 #2) plus Three - One Bedroom Apts ( # 3, #4, #5) and One Larger Owners Unit (#6 ) which is a larger one Bedroom with an additional Room / Office.. All Units rented including #6. Just completed Updating which consisted of Roof, Electrical Panel, One Meter with all new Elec panels in each unit. New A/C Wall Units, Laundry Room, Outdoor Lighting, All New Patio Pavers, Sod, Fencing, Sprinkler System, Ext Painting & Security Cameras.. Large corner property (over 114 ft. on Gulf Blvd.) Commercial Zoning allows hotel/motel, retail, office use or condo conversion if desired. No realtor sign (look for Sun & Sand sign). Note: Owners Unit #6 updated & Furnished. Tenant leaving 9-1-2020 - Easy access afterwards. Please do not disturb Tenants or walk the property. Ample On-Site Parking . We can answer any questions. Come to Florida and enjoy life again. Call for Survey. More photos coming.. Apts are rented on a monthly basis.. NOTE: Weekly rentals would greatly enhance Income. Nice opportunity here for a 1031 Exchange.. Owner Financing ?? ... Want to Semi - Retire. Purchase this Property. $1.25.. Install a Pool $65,000 - Live in Apt 6 and rent out the 5 other Units on a nightly basis.. Income would be 5 rooms x $155 a Night x 70% occupancy which is 255 days out of the year.. Calculation 5 X $155 X 255 = $197,625 Yearly Gross Income.. Not a bad Life... Cash in that stock.. Have a nice 10 year run . Double your Investment & move on.. Get out of the City and move to Florida.. Call for details .. Have a Family member participate.. Location, Location, location.

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-09-20T15:39:39.223.
    cfl.mavrealty.com/homes/109440427
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    1011 Gulf Boulevard Indian Rocks Beach, FL 33785

    • Price: $1,250,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: U8095981
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,419
    SQFT
    $517
    $/SQFT
    1959
    Built
    Neighborhood:
    Indian Beach Revised
    County:
    Pinellas
    Area:
    Indian Rocks Beach/Belleair Beach/Indian Shores
    Property Description
    Indian Rocks Beach Fl. Nicely updated Key West style 6 unit apartment building on Gulf Blvd. Beach access right across the street. The ' Sun and Sand ' Building consists of Two Studios Apts ( #1 #2) plus Three - One Bedroom Apts ( # 3, #4, #5) and One Larger Owners Unit (#6 ) which is a larger one Bedroom with an additional Room / Office.. All Units rented including #6. Just completed Updating which consisted of Roof, Electrical Panel, One Meter with all new Elec panels in each unit. New A/C Wall Units, Laundry Room, Outdoor Lighting, All New Patio Pavers, Sod, Fencing, Sprinkler System, Ext Painting & Security Cameras.. Large corner property (over 114 ft. on Gulf Blvd.) Commercial Zoning allows hotel/motel, retail, office use or condo conversion if desired. No realtor sign (look for Sun & Sand sign). Note: Owners Unit #6 updated & Furnished. Tenant leaving 9-1-2020 - Easy access afterwards. Please do not disturb Tenants or walk the property. Ample On-Site Parking . We can answer any questions. Come to Florida and enjoy life again. Call for Survey. More photos coming.. Apts are rented on a monthly basis.. NOTE: Weekly rentals would greatly enhance Income. Nice opportunity here for a 1031 Exchange.. Owner Financing ?? ... Want to Semi - Retire. Purchase this Property. $1.25.. Install a Pool $65,000 - Live in Apt 6 and rent out the 5 other Units on a nightly basis.. Income would be 5 rooms x $155 a Night x 70% occupancy which is 255 days out of the year.. Calculation 5 X $155 X 255 = $197,625 Yearly Gross Income.. Not a bad Life... Cash in that stock.. Have a nice 10 year run . Double your Investment & move on.. Get out of the City and move to Florida.. Call for details .. Have a Family member participate.. Location, Location, location.
    Exterior Features

    Additional Water Information Beach Access Right Across The Street. Construction Materials BlockStucco Foundation Details Slab Lot Features Corner LotCurb And GuttersIn City LimitsSidewalkStreet Paved Lot Size Dimensions 68X114 Parking Features 6 To 12 SpacesCommon Roof Built-Up Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances DryerMicrowaveRefrigeratorWasher Ceiling Height 8 To 9 Feet Ceiling Type Drywall Cooling Mini-Split Unit(S)Wall/Window Unit(S) Flooring Ceramic Tile Heating ElectricWall Units / Window Unit Levels One Numof Restrooms 6 Sewer Public Sewer Stories Total 1

    Property Features

    Additional Parcels Yn No Annual Expenses 14376 Business Type Hotel/MotelOther Community Features Beach Area Converted Residence Yn No Electric 200+ Amp ServiceOther Flood Zone Code Ae Listing Terms CashOtherPrivate Financing Available Net Operating Income 74424 New Construction Yn No Pets Allowed No Property Condition Completed Property Sub Type Multi-Family Realtor Info Currently LeasedNo SignSurvey Available Security Features Closed Circuit Camera(S)Smoke Detector(S) Special Listing Conditions None Tax Annual Amount 8114.52 Tax Year 2019 Total Num Buildings 1 Utilities Bb/Hs Internet CapableElectricity AvailableWater Connected Zoning Rm2


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Coldwell Banker Sun Vista.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-09-20T15:39:39.223.
     
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